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PUBLISHER: IMARC | PRODUCT CODE: 1519407
PUBLISHER: IMARC | PRODUCT CODE: 1519407
Food Traceability Market Report by Technology (RFID/RTLS, Global Positioning System, Barcode, Infrared, Biometrics), Equipment, Application, End User, and Region 2024-2032
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PAGES: 149 Pages
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The global food traceability market size reached US$ 20.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 41.4 Billion by 2032, exhibiting a growth rate (CAGR) of 8.3% during 2024-2032.
Food traceability helps track the movement of a food product and its ingredients through all steps in the supply chain, forward and backward. It involves documenting and linking the production, processing, and distribution of different food products and ingredients. It helps governing authorities in product tracing during the outbreak of a foodborne illness to find the source of the product rapidly and where the contamination may have occurred. This enables faster removal of the affected product from the marketplace, thereby reducing incidences of foodborne illnesses.
Food Traceability Market Trends:
With the growing global supply chain, food safety is becoming a significant concern for consumers and regulators. This, coupled with the increasing number of deaths on account of food contamination, represents one of the key factors bolstering the growth of the market. Moreover, food traceability is a part of an overall cost-effective quality management system that can also aid in the continuous minimization of the impact of safety hazards. It also facilitates the rapid recall of products and the determination and settlement of liabilities. Besides this, food traceability aids in building trust and increasing certainty in food processing operations. This, along with the rising requirement for transparent information about the entire food chain, supported by modern tracking and tracing methods, is fueling the growth of the market. Furthermore, there is a rise in the adoption of blockchain technologies in food traceability, which enhances the ability to validate and authenticate food origin and improves brand credibility. Additionally, they help prevent fraud, enhance the capacity to better tackle outbreaks, minimize food testing expenses, and increase margins. This is projected to drive the market in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global food traceability market, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on technology, equipment, application and end user.
Breakup by Technology:
RFID/RTLS
Global Positioning System (GPS)
Barcode
Infrared
Biometrics
Breakup by Equipment:
PDA with GPS
Thermal Printers
2D and 1D Scanners
Tags and Labels
Sensors
Others
Breakup by Application:
Meat and Livestock
Fresh Produce and Seeds
Dairy Products
Beverage Products
Fisheries
Others
Breakup by End User:
Food Manufacturers
Warehouse/Pack Farms
Food Retailers
Government Departments
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bar Code Integrators Inc., C.H. Robinson Worldwide Inc., Carlisle Technology, Cognex Corporation, FoodLogiQ, Honeywell International Inc., Impinj Inc., International Business Machines Corporation, MASS Group, OPTEL Group, SGS S.A. and Zebra Technologies Corporation.
Key Questions Answered in This Report
- 1. How big is the global food traceability market?
- 2. What is the expected growth rate of the global food traceability market during 2024-2032?
- 3. What are the key factors driving the global food traceability market?
- 4. What has been the impact of COVID-19 on the global food traceability market?
- 5. What is the breakup of the global food traceability market based on the technology?
- 6. What is the breakup of the global food traceability market based on the equipment?
- 7. What is the breakup of the global food traceability market based on the application?
- 8. What is the breakup of the global food traceability market based on the end user?
- 9. What are the key regions in the global food traceability market?
- 10. Who are the key players/companies in the global food traceability market?
Product Code: SR112024A5514
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Food Traceability Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Technology
- 6.1 RFID/RTLS
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Global Positioning System (GPS)
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Barcode
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Infrared
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Biometrics
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Equipment
- 7.1 PDA with GPS
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Thermal Printers
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 2D and 1D Scanners
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Tags and Labels
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Sensors
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Application
- 8.1 Meat and Livestock
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Fresh Produce and Seeds
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Dairy Products
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Beverage Products
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Fisheries
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by End User
- 9.1 Food Manufacturers
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Warehouse/Pack Farms
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Food Retailers
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Government Departments
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Bar Code Integrators Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 C.H. Robinson Worldwide Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Carlisle Technology
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Cognex Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.5 FoodLogiQ
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Honeywell International Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Impinj Inc.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.8 International Business Machines Corporation
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 MASS Group
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 OPTEL Group
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 SGS S.A.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.12 Zebra Technologies Corporation
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.1 Bar Code Integrators Inc.
Product Code: SR112024A5514
List of Figures
- Figure 1: Global: Food Traceability Market: Major Drivers and Challenges
- Figure 2: Global: Food Traceability Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Food Traceability Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Food Traceability Market: Breakup by Technology (in %), 2023
- Figure 5: Global: Food Traceability Market: Breakup by Equipment (in %), 2023
- Figure 6: Global: Food Traceability Market: Breakup by Application (in %), 2023
- Figure 7: Global: Food Traceability Market: Breakup by End User (in %), 2023
- Figure 8: Global: Food Traceability Market: Breakup by Region (in %), 2023
- Figure 9: Global: Food Traceability (RFID/RTLS) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Food Traceability (RFID/RTLS) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Food Traceability (Global Positioning System (GPS)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Food Traceability (Global Positioning System (GPS)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Food Traceability (Barcode) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Food Traceability (Barcode) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Food Traceability (Infrared) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Food Traceability (Infrared) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Food Traceability (Biometrics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Food Traceability (Biometrics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Food Traceability (PDA with GPS) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Food Traceability (PDA with GPS) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Food Traceability (Thermal Printers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Food Traceability (Thermal Printers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Food Traceability (2D and 1D Scanners) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Food Traceability (2D and 1D Scanners) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Food Traceability (Tags and Labels) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Food Traceability (Tags and Labels) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Food Traceability (Sensors) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Food Traceability (Sensors) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Food Traceability (Other Equipments) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Food Traceability (Other Equipments) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Food Traceability (Meat and Livestock) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Food Traceability (Meat and Livestock) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Food Traceability (Fresh Produce and Seeds) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Food Traceability (Fresh Produce and Seeds) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: Food Traceability (Dairy Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: Food Traceability (Dairy Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Global: Food Traceability (Beverage Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Global: Food Traceability (Beverage Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Global: Food Traceability (Fisheries) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Global: Food Traceability (Fisheries) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Global: Food Traceability (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Global: Food Traceability (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Global: Food Traceability (Food Manufacturers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Global: Food Traceability (Food Manufacturers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Global: Food Traceability (Warehouse/Pack Farms) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Global: Food Traceability (Warehouse/Pack Farms) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Global: Food Traceability (Food Retailers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Global: Food Traceability (Food Retailers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Global: Food Traceability (Government Departments) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Global: Food Traceability (Government Departments) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Global: Food Traceability (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Global: Food Traceability (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: North America: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: North America: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: United States: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: United States: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Canada: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Canada: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Asia-Pacific: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Asia-Pacific: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: China: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: China: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Japan: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Japan: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: India: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: India: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: South Korea: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: South Korea: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Australia: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Australia: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Indonesia: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Indonesia: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Others: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Others: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Europe: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Europe: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Germany: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Germany: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: France: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: France: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: United Kingdom: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: United Kingdom: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Italy: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Italy: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Spain: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Spain: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Russia: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 88: Russia: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 89: Others: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 90: Others: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 91: Latin America: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 92: Latin America: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 93: Brazil: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 94: Brazil: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 95: Mexico: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 96: Mexico: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 97: Others: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 98: Others: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 99: Middle East and Africa: Food Traceability Market: Sales Value (in Million US$), 2018 & 2023
- Figure 100: Middle East and Africa: Food Traceability Market: Breakup by Country (in %), 2023
- Figure 101: Middle East and Africa: Food Traceability Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 102: Global: Food Traceability Industry: SWOT Analysis
- Figure 103: Global: Food Traceability Industry: Value Chain Analysis
- Figure 104: Global: Food Traceability Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Food Traceability Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Food Traceability Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 3: Global: Food Traceability Market Forecast: Breakup by Equipment (in Million US$), 2024-2032
- Table 4: Global: Food Traceability Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: Food Traceability Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 6: Global: Food Traceability Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Food Traceability Market: Competitive Structure
- Table 8: Global: Food Traceability Market: Key Players
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